My Hotel Geek

These are tumultuous time for the mega real estate projects around the world. The luxurious market is highly affected with the current recession and some of the best developers have no choice but to put on hold construction for the next year.

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2008 has been a busy year in the hotel world. Many acquisitions were announced by different banners around the world. Since the Wall Street Crash in September, business has stalled and projections for 2009 are not looking so great. The good news is that we have been through recessions before and economic growth will come back. My advice is to stay positive and find new ways to book business! Here is my 2008 review in the hotel world.

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Harrah announced a 1 billion expansion plan at Caesar’s Palace. This project includes the addition of a new 23-storey tower with 665 guestrooms called Octavius and 263 000 sq ft of meeting space. The while Ceasar’s Palace, once completed in the spring of 2009, will offer from 3328 to 4013 rooms.

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I was so impressed the first time I went to Vegas in January 2006. We stayed at The Mirage as we could not afford the big hotels such as The Bellagio, The Wynn or Mandalay Bay.

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Everytime I google on the net, there’s always something new about Dubai: a new island, hotel, shopping mall, golf course, water park, ski dome, etc. It does not stop! I can’t keep up with all of the new mega projects under construction. I lived in Dubai for 2 years from 2002-2004 and would not recognize the city as it has changed so much and so fast.

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